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Fly News Breaks for October 22, 2018
MAN
Oct 22, 2018 | 09:15 EDT
SunTrust analyst Tobey Sommer lowered his price target on Manpower to $84 and kept his Hold rating after its Q3 results, saying the 1% decline in revenues also missed consensus amid slower sales in the Northern and parts of Southern Europe. The analyst states that while the management has attributed the decline to a "short-term soft-patch" and remains "optimistic longer term, he is cautious on the company's exposure to Europe and other non-U.S. regions weighing on Manpower growth.
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